EFFECT OF IT JOB TRAINING ON EMPLOYMENT AND WAGE PREMIUM: EVIDENCE FROM KOREA PANEL DATA

In this paper, we examine whether IT job training raises the probability of getting employed and enables the trainee to obtain a high wage. In this paper, it is reported that, in the Republic of Korea, IT job training as a whole affects not only employment but also wage premium, even though the effect on wage premium is somewhat less conspicuous. In particular, the intensity of IT job training is more instrumental in the opportunity of getting employed than simply whether receiving IT job training or not. This effect is intensified in the low‐education group. In this group, the probability for the persons who undergo IT job training for more than six months of getting employed is higher than that for a person without any job training. Additionally, provision of IT job training by a private institute and cost sharing with the government enhances the opportunity of employment.     

Alternative Measures of Health Information and Demand for Fats and Oils in Japan

This study investigates the major factors affecting the demand for fats and oils under the possible influence of health information on fat and cholesterol in Japan. The fat and cholesterol information indexes based on diminishing effect schemes provide better measures of the changing health information on fat and cholesterol than the ad-hoc cumulative index. This study shows that increasing consumer health information appear to have reduced the consumption of hog grease, tallow, and palm oil, and increased the use of fish oil, but it has had no major impact on other vegetable oils yet.     

韩国残疾人福利的历史、现状与未来展望

韩国残疾人福利历经初创期、转换期、发展期,正步入跃进期。其制度体系虽然涵盖收入保障、医疗康复、雇佣保障、教育制度、出行权及信息获取权保障、残疾人福利预算等且运行平稳,但福利充足度整体上非常有限。为应对残疾人口的迅猛增长和改善他们的福利境遇,韩国政府应优先健全残疾人福利法规、合理划分福利责任,并重点关注加快构筑社区保护网、提高收入保障力度、改善福利服务机构运营水平以及持续增加残疾人福利预算。     

互动式整合营销传播在供应链管理中的应用模式研究

基于互动媒体、数据库及利害关系管理的互动式整合营销传播(Interactive IMC)已经成为非营利组织创造价值、获得资源的重要战略手段.在阐述互动式营销传播的基础上,引入了供应链的价值模式,最后详细分析了互动式整合营销在供应链管理中的运用.     

Risk in Banking and Capital Regulation

This paper investigates the role of bank capital regulation in risk control. It is known that banks choose portfolios of higher risk because of inefficiently priced deposit insurance. Bank capital regulation is a way to redress this bias toward risk. Utilizing the mean-variance model, the following results are shown: (a) the use of simple capital ratios in regulation is an ineffective means to bound the insolvency risk of banks; (b) as a solution to problems of the capital ratio regulation, the “theoretically correct” risk weights under the risk-based capital plan are explicitly derived; and (c) the “theoretically correct” risk weights are restrictions on asset composition, which alters the optimal portfolio choice of banking firms.     

Application of consumption and income data to policy issues,with special reference to women

This study provides an overview of how data on household consumption and income may be collected and used to help decision-makers in designing programmes and policies that promote social and economic development. Special attention is given to methodologies for accurately portraying the participation of women in consumption and consumption-related activities.     

Testing the Monopoly Union Model: A Stochastic Frontier Approach

This study applies stochastic frontier analysis to test the monopoly union model. This approach allows the use of a wider data set than has been previously employed. We fit a stochastic cost frontier to data from the U.S. manufacturing sector that includes exogenous sources of potential inefficiency including unionization. Our findings suggest that over the 1972–1982 time period, more heavily unionized industries in the U.S. manufacturing sector were more likely to operate off their labor demand curve. This result is inconsistent with the monopoly union model predictions.     

WHY ARE AMERICANS ADDICTED TO BASEBALL? AN EMPIRICAL ANALYSIS OF FANDOM IN KOREA AND THE UNITED STATES

Theories of rational addiction posit that certain habit-forming goods—characterized by an increasing marginal utility of consumption—generate predictable dynamic patterns of consumer behavior. It has been suggested that attendance at sporting events represents an example of such a good, as evidenced by the pricing strategies of commercial sports interests. In this essay, we provide new evidence in support of rational addiction for the case of Major League Baseball but fail to find such support in data from the Korean Professional Baseball League. We then review the scientific literature on sports fans from the perspective of human behavioral ecology and propose a theory of endogenous habit formation among sports fans that could explain our findings . ( JEL C32, D83, D87, D91, L83)     

Choosing durable goods for household production: economic efficiency of household durables

A model of use-utility of household durables was developed and estimated using survey data. The survey was conducted to identify attributes relating to the efficiency of kitchen work centres. Indexes for the most important attributes were developed and used to compare different selections of equipment. The impact of adding an equipment item was found to vary with the characteristics of the item, the degree of importance ascribed to attributes of the work center and specific functions performed there